Hartford Financial Services Group Inc (HIG) Rating Reiterated by Wells Fargo & Co

PNC Financial Services Group Inc logo
Between The Numbers: The Hartford Financial Services Group, Inc. (HIG), Noble Energy, Inc. (NBL)
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21 May, 2017

PNC was included in 44 notes of analysts from August 6, 2015. According to Thomson Reuters, sell-side analysts are forecasting a harmony target price of $52.58 on company shares.

On 05/18/2017 close, The Hartford Financial Services Group, Inc.

Amid volatile financial markets and the presidential election, various investment brokerages have made amendments to their price targets and ratings on shares of Hartford Financial Services Group, Inc. The company was maintained on Monday, February 13 by FBR Capital. Rafferty Capital Markets cut PNC Financial Services Group from a buy rating to a hold rating and set a $121.00 price target on the stock.in a report on Monday, April 17th. As per Wednesday, August 10, the company rating was downgraded by Atlantic Securities.

Hartford Financial Services Group (NYSE:HIG) last posted its quarterly earnings data on Thursday, April 27th. The stock has a market cap of $18.10 billion, a PE ratio of 20.04 and a beta of 1.22. This increase is typical for the uptrend and shows the considerable optimism among investors. Its down 0.09, from 0.98 in 2016Q3. The stock of PNC Financial Services Group Inc (NYSE:PNC) has "Neutral" rating given on Friday, October 2 by Hilliard Lyons. It increased, as 45 investors sold HIG shares while 210 reduced holdings. 323.12 million shares or 2.07% less from 329.94 million shares in 2016Q3 were reported. Amalgamated National Bank & Trust holds 32,874 shares.

Institutional Investors own 93.50% of The Hartford Financial Services Group, Inc. Pinnacle Advisory Group Inc. increased its position in shares of PNC Financial Services Group by 0.4% in the first quarter. The Illinois-based Rmb Capital Management Llc has invested 1.02% in the stock.

08/10/2016 - Hartford Financial Services Group, Inc. Jefferies Group analyst K. Usdin anticipates that the financial services provider will post earnings per share of $2.05 for the quarter.

This dividend will result in an adjustment to the exercise price of the outstanding warrants expiring June 26, 2019, and may result in an adjustment to the warrant share number. Kennedy Inc reported 118,740 shares. In the last 90 days, insiders sold 175,942 shares of company stock valued at $22,367,208. The New York-based Jet Capital Investors L P has invested 3.38% in the stock. (PNC) stock price ended its day with gain 0.15% and finalized at the value of $117.36.

About 316,067 shares traded. The stock of PNC Financial Services Group Inc (NYSE:PNC) has "Underperform" rating given on Monday, May 9 by Raymond James. It has by 0.00% the S&P500.

Since December 1, 2016, it had 1 buy, and 7 sales for $36.39 million activity.

In related news, Director Teresa Wynn Roseborough bought 1,005 shares of the firm's stock in a transaction on Wednesday, March 1st. The stock of PNC Financial Services Group Inc (NYSE:PNC) earned "Equal Weight" rating by Barclays Capital on Tuesday, January 3. The company has market cap of $795.49 million.

Investors sentiment decreased to 1.09 in 2016 Q4. Its price/book multiple of 1.07 compared with the 0.74 while its free cash flow yield of 13.41 should be matched with that of its industry's 17.57. 64 funds opened positions while 155 raised stakes. First Republic Mngmt has 0% invested in Matador Resources Co (NYSE:MTDR) for 15,247 shares.

Dalton Greiner Hartman Maher & Co holds 0.13% of its portfolio in National Bankshares Inc. for 50,364 shares. Credit Suisse Ag has 109,781 shares for 0% of their portfolio. Meanwhile, due to an ongoing pressure which caused a decline of nearly -1.71% in the past five days, the stock price is now up 3.1% so far on the year - still in weak territory. Viking Fund Ltd Com stated it has 4,000 shares or 0.06% of all its holdings. Following the transaction, the director now directly owns 5,755 shares in the company, valued at $286,138.60. Bnp Paribas Arbitrage invested 0% in Matador Resources Co (NYSE:MTDR). State Board Of Administration Of Florida Retirement Systems reported 581,835 shares stake. (NYSE:HIG) has risen 3.10% since January and is down -1.71% for the past week. STEWART KENNETH L. also bought $242,300 worth of Matador Resources Co (NYSE:MTDR) on Tuesday, February 28. The insider Ohnimus Steven W sold $515,600. The stock was bought at an average price of $49.72 per share, with a total value of $49,968.60.

Several equities analysts have recently weighed in on the company. PNC's profit will be $929.49 million for 14.65 P/E if the $2.01 EPS becomes a reality.

Maximum and minimum EPS estimate for the current quarter is projected at $2.16 and $1.94, respectively, according to 30 analysts. The firm has "Buy" rating given on Friday, July 29 by M Partners. Therefore 61% are positive. (The) had its "neutral" rating reiterated by analysts at Bank of America Merrill Lynch. The company was downgraded on Wednesday, January 6 by Nomura. This ratio also gives some idea of whether you're paying too much for what would be left if the company went bankrupt immediately.


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